This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 7 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is a Direct Democracy? A) It's when citizens get to tell the King and Queen what to do. B) It's when citizens have direct input over laws and policies. C) It's when people get together to talk to politicians. D) It's when people get together to elect a new king. Show Answer Correct Answer: B) It's when citizens have direct input over laws and policies. 2. What is the main objective of the Startup India initiative? A) To promote large enterprises. B) To encourage entrepreneurship and innovation. C) To provide job security. D) To focus on foreign investments. Show Answer Correct Answer: B) To encourage entrepreneurship and innovation. 3. Unemployed A) The number of adults who are currently working either full or part time. B) A person who is overqualified for his or her job. C) The number of adults who are not working but are actively seeking work. D) Workers that are 16 years or older, not retired, not in the military or not institutionalized. Show Answer Correct Answer: C) The number of adults who are not working but are actively seeking work. 4. What is one way that governments have started taking care of our planet? A) Limiting how many cars a person can have. B) Monitoring how much plastic is being manufactured. C) By limiting how many trees are cut down. D) By trying to use wind farms to push pollution out to sea. Show Answer Correct Answer: C) By limiting how many trees are cut down. 5. Who are teachers important to? A) Communities. B) Puppies. C) Bus drivers. D) The mayor. Show Answer Correct Answer: A) Communities. 6. When was the first income tax law introduced? A) 1776 during the creation of the Declaration of Independence. B) 1812 during the war of 1812. C) 1822 during the flood of the Mississippi. D) 1862 during the Civil War. Show Answer Correct Answer: D) 1862 during the Civil War. 7. What is civic engagement in Texas' political culture? A) Voting, community involvement, and political activism. B) Business activities and entrepreneurship. C) Religious practices and rituals. D) Educational pursuits and academic achievements. Show Answer Correct Answer: A) Voting, community involvement, and political activism. 8. Small or medium business that needs government support is called A) Tourism. B) Manufacturing. C) Entrepreneurship. D) Agriculture. Show Answer Correct Answer: C) Entrepreneurship. 9. Which landmark Supreme Court case established the principle of judicial review? A) Marbury v. Madison. B) McCulloch v. Maryland. C) Roe v. Wade. D) Miranda v. Arizona. Show Answer Correct Answer: A) Marbury v. Madison. 10. What is most likely to conflict with a government's aim of price stability? A higher direct tax rates B higher government spending C higher interest rates D higher unemployment A) A. B) B. C) C. D) D. Show Answer Correct Answer: B) B. 11. Social welfare programs are designed to: A) Benefit only the wealthiest citizens. B) Reduce the government's role in the economy. C) Provide support to those in need. D) Discourage work and productivity. Show Answer Correct Answer: C) Provide support to those in need. 12. A tax for which the percentage of income paid in taxes remains the same for all income levels is known as A) A proportional tax. B) A regressive tax. C) Sales tax. D) A progressive tax. Show Answer Correct Answer: A) A proportional tax. 13. During which conflict did the U.S. declare war on Japan? A) Korean War. B) Vietnam War. C) World War I. D) World War II. Show Answer Correct Answer: D) World War II. 14. A country wants to raise its standard of living. Use reasoning and evidence to analyze how capitalism and the free market can help achieve this goal. A) By encouraging competition, innovation, and consumer choice, which can lead to higher living standards. B) By increasing government control over all businesses. C) By limiting private ownership. D) By reducing the number of available goods and services. Show Answer Correct Answer: A) By encouraging competition, innovation, and consumer choice, which can lead to higher living standards. 15. The Day of Mourning 1938 was important because ..... A) It showed white people that the Indigenous People were a force to be reckoned with. B) It marked the beginning of the civil rights movement. C) It was the first official protest. D) B and C. Show Answer Correct Answer: D) B and C. 16. Goal:Increase interest rates A) Contract economy. B) Expand economy. C) All the above. D) None of the above. Show Answer Correct Answer: A) Contract economy. 17. Which monetary policy measure would be used to slow down the economy A) Increased interest rates. B) Increase income tax. C) Decrease income tax. D) Increase government spending. Show Answer Correct Answer: A) Increased interest rates. 18. What do public and city parks provide? A) Enjoyment and recreation. B) A place to buy toys. C) Books to read. D) A list of chores. Show Answer Correct Answer: A) Enjoyment and recreation. 19. Environmental protection through government intervention A) Pollution reduction and resource preservation. B) Economic growth and industrial expansion. C) Increased resource consumption. D) Deregulation of environmental standards. Show Answer Correct Answer: A) Pollution reduction and resource preservation. 20. Structural Unemployment A) Based on changing economic conditions, like a recession. B) From industries that slow or shut down for a season. C) Unemployment that results from natural transitions in life. D) When the work available doesn't match the skill of the available workers. Show Answer Correct Answer: D) When the work available doesn't match the skill of the available workers. 21. Income Tax A) Percentage of adults that are actually in the labor force. B) A plan for money the government will spend. C) A percentage of your earned income that is paid directly to federal and state governments. D) A percentage of money that you spend that is paid directly to state and local governments. Show Answer Correct Answer: C) A percentage of your earned income that is paid directly to federal and state governments. 22. Complete the reasoning:If the proletariat 'have nothing to lose but their chains, ' then a revolution is described as A) Inevitable and in the workers' interest. B) Illegal and against historical progress. C) Pointless because change is gradual. D) Dangerous for the wealthy and workers. Show Answer Correct Answer: A) Inevitable and in the workers' interest. 23. What historical event contributed to a strong spirit of self-reliance and resistance to external control in Texas? A) The Alamo. B) The Succession from Mexico. C) Both the Alamo and Succession. D) None of the above. Show Answer Correct Answer: C) Both the Alamo and Succession. 24. What did Marx and Engels claim the Industrial Revolution did to social classes? A) Enriched the wealthy while impoverishing the poor. B) Balanced incomes across all urban workers. C) Raised wages and profits equally for everyone. D) Destroyed the bourgeoisie through market crashes. Show Answer Correct Answer: A) Enriched the wealthy while impoverishing the poor. 25. What is a government budget? A) A budget is a sum of finances that the government allocates for a specific purpose. B) A budget shows the relationship between government revenue and government expenditure. C) A government budget is a relationship between export revenue and import expenditure. D) A government budget is the amount of money the government owes to its people. Show Answer Correct Answer: B) A budget shows the relationship between government revenue and government expenditure. ← PreviousNext →Related QuizzesClass 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 1Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 2Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 3Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 4Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 5Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 6Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 8Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 9Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 10Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books